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    Red Lobster Continues Nationwide Closures, Including NC Location

    2024-08-26
    https://img.particlenews.com/image.php?url=4a0iwO_0vAZ6qf200
    Red Lobster Jacksonville, NCPhoto byMatt Gatlin

    Red Lobster is continuing to close more locations as part of its ongoing bankruptcy proceedings.

    Recently, a court filing revealed that 23 additional restaurants will be shutting their doors by Saturday, August 31, adding to the more than 100 closures that took place earlier this summer. After these closures, Red Lobster will be left with about 500 locations, down from 650 just last year.

    Red Lobster’s struggles have been attributed to mismanagement, increased competition, and inflation. The chain, once a pioneer in the restaurant industry, saw a shift in ownership when Thai Union, a global seafood supplier, became the leading shareholder in 2020. However, the company filed for bankruptcy four years later, in May 2024.

    Among the locations set to close in North Carolina is the Red Lobster at 304 A Western Blvd., Jacksonville.


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    Comments / 33
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    Rav Pol
    08-27
    I got a bitter sweet memory there my prom date and I went on our dinner date there back in 1999 only to find out later on at prom that she was using me lol so good riddens😂🤣😂
    Nikki McQueen
    08-27
    Biden/Harris is ruining lives...TRUMP2024
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